State Street Receives Third Consecutive Computerworld Laureate Award
July 26 2010 - 1:00PM
Business Wire
State Street Corporation (NYSE: STT), one of the world’s leading
providers of financial services to institutional investors, today
announced that it has received a Laureate award from IDG’s
Computerworld Honors Program and was selected as a finalist for the
21st Century Achievement Award for its Innovation Pipeline
strategy.
IDG’s Computerworld Honors Program Awards annually honor
innovative companies and institutions with Laureate awards in
various categories that use information technology to promote
positive social, economic and educational change. State Street
received its Laureate and finalist award in the Finance, Insurance
and Real Estate category. State Street was also recently ranked as
one of Computerworld’s 100 Best Places to Work in IT 2010.
“It is an honor to be recognized by Computerworld for the third
consecutive year,” said Madge Meyer, executive vice president and
head of Global Infrastructure Services at State Street. “State
Street’s Innovation Pipeline strategy enables us to continually
renew and improve our IT infrastructure while also providing a
clear path for the adoption of new technologies and practices from
idea to implementation for delivering competitive advantage to our
business.”
State Street’s Innovation Pipeline provides a clear trajectory
for the adoption of new technology. It comprises a set of strategic
IT objectives against which new solutions can be measured. The
objectives focus on creating simpler, more centralized
infrastructure technology; recognizing and cultivating potential
business benefits of new technology; and maintaining State Street’s
green initiatives by optimizing and sustaining available
resources.
About State Street Corporation
State Street Corporation (NYSE: STT) is the world's leading
provider of financial services to institutional investors including
investment servicing, investment management and investment research
and trading. With $19 trillion in assets under custody and
administration and $1.8 trillion in assets under management at June
30, 2010, State Street operates in 25 countries and more than 100
geographic markets worldwide. For more information, visit State
Street’s web site at www.statestreet.com.
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